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governor romney says he will not increase the deficit with his tax cuts. he's saying he will not increase taxes on the middle class, so is he saying that if he cannot come up with enough loopholes and deductions, closing the deductions to pay for the tax cuts, which amount to about $5 trillion, that he will scale them back? >> what he has said, george, he is going to cut tax rates across the board by 20% and offset those cuts with eliminating deductions and loopholes for the upper income families. >> but there aren't enough deductions to pay for that. >> for middle class families. you can pay for it. there are six studies that say that you can do that. you can broaden the base and lower the rates. that would foster economic growth, and we've done that in the past. there's one study that says that you can -- that uses the word "assume" or "assumption" 68 times by a liberal think tank and that's what gibbs and others point to. >> if it does turn out that the deductions do not make up for the cost of the tax cuts, does governor romney say that he will scale b
governor romney says he will not increase the deficit with his tax cuts. he's saying he will not increase taxes on the middle class, so is he saying that if he cannot come up with enough loopholes and deductions, closing the deductions to pay for the tax cuts, which amount to about $5 trillion, that he will scale them back? >> what he has said, george, he is going to cut tax rates across the board by 20% and offset those cuts with eliminating deductions and loopholes for the upper income...
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because according to experts, he'd have to raise taxes on the middle class - or increase the deficit to pay for it. if we can't trust him here... how could we ever trust him here? oh, hey alex. just picking up some, brochures, posters copies of my acceptance speech. great! it's always good to have a backup plan, in case i get hit by a meteor. wow, your hair looks great. didn't realize they did photoshop here. hey, good call on those mugs. can't let 'em see what you're drinking. you know, i'm glad we're both running a nice, clean race. no need to get nasty. here's your "honk if you had an affair with taylor" yard sign. looks good. [ male announcer ] fedex office. now save 50% on banners. >>> their ideas are old and their ideas are bad and they eliminate the guarantee of medicare. >> here's the problem. they got caught with the hands in the cookie jar taking it out for obama care. >> those are great sound bite, but how do we get to the truth in those comments. paul ryan stuck by his proposals at the debate last night. only he said, partially privatizing medicare will not turn into a vo
because according to experts, he'd have to raise taxes on the middle class - or increase the deficit to pay for it. if we can't trust him here... how could we ever trust him here? oh, hey alex. just picking up some, brochures, posters copies of my acceptance speech. great! it's always good to have a backup plan, in case i get hit by a meteor. wow, your hair looks great. didn't realize they did photoshop here. hey, good call on those mugs. can't let 'em see what you're drinking. you know, i'm...
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it's true it's not going to have the deficit. that leaves one option. that's asking middle class families to foot the bill. >> the president's charge of a $5 trillion tax cut is inaccurate and wrong. meanwhile, the vice presidential debate is scheduled for tomorrow. >>> 2,000 jobs are up for graps today in the south gay. 50 employers were there this event is free and ones until 1:00 this afternoon. good morning. it was an idea that was first announced last mont if you ever wonder what goes on at twitter, you can this friday. you have to register first. you see on the screen in the white part there's the web address. shares in apple recovering after highs. down from a dollar when the iphone 5 first started selling. investors are concerned that apples isn't taking advantage of everything it could sell. but this morning recovering ever so slightly. we're also waiting for the mini ipad. >> he already has the regular one. >> as do you. good morning to you. woe do have very light showers and a little spotty activity over san francisco as well. here is what we
it's true it's not going to have the deficit. that leaves one option. that's asking middle class families to foot the bill. >> the president's charge of a $5 trillion tax cut is inaccurate and wrong. meanwhile, the vice presidential debate is scheduled for tomorrow. >>> 2,000 jobs are up for graps today in the south gay. 50 employers were there this event is free and ones until 1:00 this afternoon. good morning. it was an idea that was first announced last mont if you ever wonder...
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he put out a plan for ten dwreerz years to reduce the deficit. he's got a jobs bill sit in congress helping create 2 million jobs and the president's ready to act. the last thing the senate did before it left was to kill the senators on the republican side killed the bill to provide job opportunities for veterans, returning from iraq and afghanistan. so it's difficult to hear some of the claims because the president's been trying to push the jobs agenda for four years and it's tough when republicans have put obstacles up to getting the bills passed. >> why didn't the president fully embrace simpson-bowles when he had the opportunity? he patteded them on the back and said thank you. >> he took much of what was in simpson bowls and create ten-year $4 trillion reduction plan much of what you saw in simpson-bowles -- >> he missed the moment. there was a moment when something might have been accomplished. >> remember, he said, i'm going to take the idea of reducing the deficit by $4 trillion and show you what i would do and he presented that and he ga
he put out a plan for ten dwreerz years to reduce the deficit. he's got a jobs bill sit in congress helping create 2 million jobs and the president's ready to act. the last thing the senate did before it left was to kill the senators on the republican side killed the bill to provide job opportunities for veterans, returning from iraq and afghanistan. so it's difficult to hear some of the claims because the president's been trying to push the jobs agenda for four years and it's tough when...
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is surplus into a huge deficit. in n. paying deficit down you should score the fact we are coming out of iraq and afghanistan. the other thing that the president has proposed and that he he understands is we cannot cut our way to prosperity. we need a balanced approach and growing our economy by doing things leak the senator opposed like restructuring the auto industry in order to put people back to work and make manufacturing jobs grow is one of the actions we need to take in order to do that. the fact of the matter is the president because he has the responsibility of office has been specific about what he proposes and mitt romney tells us to trust him. his plan is hiding behind door number three with carroll merrill and his undisclosed tax returns. >> chris: i'm glad you practiced the line. >> the lines are great. his budget tax increase on job creators. budget gimmicks brings us to $25 trillion in debt over ten years. this president has added more are debt than any other president -- >> not true. >> he said he w
is surplus into a huge deficit. in n. paying deficit down you should score the fact we are coming out of iraq and afghanistan. the other thing that the president has proposed and that he he understands is we cannot cut our way to prosperity. we need a balanced approach and growing our economy by doing things leak the senator opposed like restructuring the auto industry in order to put people back to work and make manufacturing jobs grow is one of the actions we need to take in order to do that....
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. >> in order to reduce the deficit, there has to be revenue in addition to cuts. >>> there has to be revenue addition to cuts. >> and this is ruled out. >> absolutely. >> there is revenue i get is by more people working and paying higher taxes. idea of taxing people more, putting more people out of work, you'll never get there or balance the budget. and that is my next guest and the left tried hard to make him the scapegoat for 67 million americans it was well, obvious to blame lays with the president himself. here to respond is the author of "pension city". good to see you again. >> good to see you, sean. >> you say good evening this, is the news hour. >> and that is i'm going to leave your name at the door. >> the news is doing great. it's a time took time to get it into place. i transitioned out and i'm very happy about this. >> and i felt that for you... after the debate z a lot of criticism he does. >> and how did you feel about that? >> i'm not keen on criticism. and you know, but... that was at the beginning. the criticism is pretty much gone away. people realize that spin did
. >> in order to reduce the deficit, there has to be revenue in addition to cuts. >>> there has to be revenue addition to cuts. >> and this is ruled out. >> absolutely. >> there is revenue i get is by more people working and paying higher taxes. idea of taxing people more, putting more people out of work, you'll never get there or balance the budget. and that is my next guest and the left tried hard to make him the scapegoat for 67 million americans it was well,...
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. >> in order to reduce the deficit, there has to be revenue in addition to cuts. >> there has to be revenue in addition to cuts. governor romney has ruled out revenue. he's ruled out revenue. >> is that true? >> absolutely. the revenue i get is by more people working, getting higher pay, paying more taxes. that's how we get growth, balance the budget. the idea of taxing people more, putting more people out of work, you'll never get there. you never balance the budget by raising taxes. >> sean: that was my next guest, jim lehrer, moderating the debate last week. the left tried to make him the scapegoat for obama's pitiful performance, but for 60 million americans it was obvious the blame laid squarely with the president himself. here is former pbs news anchor jim lehrer. nice to see you. >> good to see you, sean. >> "good evening, this is "the newshour"." >> you did that really well. >> sean: how are you doing? >> "the newshour" is doing great. the team took time to get it in place. i transitioned out and i'm ve happy about the pbs news, how it's functioning. >> i felt bad for you af
. >> in order to reduce the deficit, there has to be revenue in addition to cuts. >> there has to be revenue in addition to cuts. governor romney has ruled out revenue. he's ruled out revenue. >> is that true? >> absolutely. the revenue i get is by more people working, getting higher pay, paying more taxes. that's how we get growth, balance the budget. the idea of taxing people more, putting more people out of work, you'll never get there. you never balance the budget by...
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me has to sock it to the middle class or explode the deficit. > deficit. >> reporter: what you're saying it it is unrealistic-- >> i'm saying it's impossible, not unrealistic. >> when president obama said in 2008 i'm going to cut the deficit in half, i'm going to close guilt me, people-- gitmo, people said-- did not sigh he was not telling the truth. >> closing gitmo involved congress and he couldn't get them to do that. the math, people over $200,000, and you still have a trillions of dollars hole, and he hasn't named the deductions he would close. this is a shell game, john. whichever shell you pick up, the middle class loses. the economy will lose, and i think that this is going to catch up with him. >> schieffer: what did the president think of his performance? >> i think the president understands-- you know, the president is his harshest critic, and without getting into detail, i think you can assume he has reviewed the tape and it will inform how he handles these subsequent debates. >> schieffer: do you think he was ill prepared. some are saying it was the people who prepared him.
me has to sock it to the middle class or explode the deficit. > deficit. >> reporter: what you're saying it it is unrealistic-- >> i'm saying it's impossible, not unrealistic. >> when president obama said in 2008 i'm going to cut the deficit in half, i'm going to close guilt me, people-- gitmo, people said-- did not sigh he was not telling the truth. >> closing gitmo involved congress and he couldn't get them to do that. the math, people over $200,000, and you still...
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because according to experts, he'd have to raise taxes on the middle class - or increase the deficit to pay for it. if we can't trust him here... how could we ever trust him here? when you take a closer look... ...at the best schools in the world... ...you see they all have something very interesting in common. they have teachers... ...with a deeper knowledge of their subjects. as a result, their students achieve at a higher level. let's develop more stars in education. let's invest in our teachers... ...so they can inspire our students. let's solve this. tdd#: 1-800-345-2550 at schwab, we're committed to offering you tdd#: 1-800-345-2550 low-cost investment options-- tdd#: 1-800-345-2550 like our exchange traded funds, or etfs tdd#: 1-800-345-2550 which now have the lowest tdd#: 1-800-345-2550 operating expenses tdd#: 1-800-345-2550 in their respective tdd#: 1-800-345-2550 lipper categories. tdd#: 1-800-345-2550 lower than spdr tdd#: 1-800-345-2550 tdd#: 1-800-345-2550 and even lower than vanguard. tdd#: 1-800-345-2550 tdd#: 1-800-345-2550 that means with schwab, tdd#: 1-800-345-255
because according to experts, he'd have to raise taxes on the middle class - or increase the deficit to pay for it. if we can't trust him here... how could we ever trust him here? when you take a closer look... ...at the best schools in the world... ...you see they all have something very interesting in common. they have teachers... ...with a deeper knowledge of their subjects. as a result, their students achieve at a higher level. let's develop more stars in education. let's invest in our...
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you're missing up the deficit with the debt. >> no, no, no. you are missing the deficit. the deficit is yearly spending. the debt is cumulative. the debt wasn't wiped out. >> eric: sorry, johnny. you were wrong. okay. brian, you're up. >> brian: here it is. as long as i've been at fox and reading the newspaper, two stories always happen. is pete rose going to get in the hall of fame and will jennifer aniston find true love? one has come to end. 12 years after breaking up brat pitt left her for a hotter woman she found true love with a guy that bob worships. justin thrashgh. they're engaged and put it to bed. guys can stop thinking to themselves i have a shot at her. it's over and done. >> dana: she has been engaged for a while. >> brian: this is just hitting me. she is single so we could relate to her. she is searching for love. now people rose is left with the only question left. >> andrea: left her for a hotter woman? most men in the country are split. >> dana: quickly, the cheerleader from texas, miranda ferguson, set a record. we have it here. she did 35 backflips. th
you're missing up the deficit with the debt. >> no, no, no. you are missing the deficit. the deficit is yearly spending. the debt is cumulative. the debt wasn't wiped out. >> eric: sorry, johnny. you were wrong. okay. brian, you're up. >> brian: here it is. as long as i've been at fox and reading the newspaper, two stories always happen. is pete rose going to get in the hall of fame and will jennifer aniston find true love? one has come to end. 12 years after breaking up brat...
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he will continue to attract the deficit. he'll look at the tax reform which i think is very important, if you get any help from the republicans whatsoever which he got none of for the last two years we'll see real tax reforms and the implication of the tax codes and he'll get his jobs bill passed if the congress will cooperate which they haven't done for two years. >> tom stemberg, your reaction to howard's definition here and your agenda? larry, when you've been in office for four years, you shouldn't be evaluated on your plans. you should be evaluated on your performance, it's at best, d-minus and our jobs situation are running trillion dollar deficits and america's dollar and the stock price, if you will, is at an all-time low and that's not a good record. >> excuse me, our stock price is up tremendously since barack obama took office. wall street's done really well. the reason is corporate profits. >> our currency. >> our economy is recovering and the people know it. >> thank you very much. tom stemberg, ceo of staples.
he will continue to attract the deficit. he'll look at the tax reform which i think is very important, if you get any help from the republicans whatsoever which he got none of for the last two years we'll see real tax reforms and the implication of the tax codes and he'll get his jobs bill passed if the congress will cooperate which they haven't done for two years. >> tom stemberg, your reaction to howard's definition here and your agenda? larry, when you've been in office for four years,...
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you have a debt and deficit hawk. do you worry looking ahead about the debt under romney might explode again similarly? >> well, number one, the deficit is the symptom. spending is the disease. i me, since world war ii, revenues have averaged about 18.5% of the economy. spending is at 20%. now due to the president's policies we have revenue that's gone down due to less economic growth but it's spending that's skyrock skyrocketing. he has it up to almost 25% of the economy and on automatic pilot for 40%. that means middle income families will suffer. >> but why would -- >> it is a spin proven problem. the deficit is the symptom. spending is the disease. you have to take care of the spending side and once again, brooke, if you look at irs data, you will see that revenues actually increased when we brought down rates because we had more economic activity. >> but congressman, why would -- >> -- to your proposition. >> why would the trickle down theory work this time producing record debt two times before? >> because we ha
you have a debt and deficit hawk. do you worry looking ahead about the debt under romney might explode again similarly? >> well, number one, the deficit is the symptom. spending is the disease. i me, since world war ii, revenues have averaged about 18.5% of the economy. spending is at 20%. now due to the president's policies we have revenue that's gone down due to less economic growth but it's spending that's skyrock skyrocketing. he has it up to almost 25% of the economy and on automatic...
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number 1, the president's plan to cut the deficit by $4 trillion, that he would return america to tax rates under clinton that the obama medicare says romney's medicare plan would cost $6 million. you can see the whole list here >> sean: you say none of this is true? >> what is amazing, first of all, know only did he do a lousy job in the debate, they threw upon the miserable experience for them, a whole mountain of lies on the american people. they woke up the next day and said, wow, not only did we did a bad job, we lied the whole way through, so we are going on call mitt romney a liar. here's the plan. let's call them a bunch of liars to try to inoculate that problem. this is their tactic-- >>> have you to understand -- >> we know that's the case. >> sean: that's all they had left after this horrific showing by the president. you know, remember, mitt romney's the guy who killed this worker's wife. mitt romney's the guy who never paid taxes. mitt romney wants dirty air and water. paul ryan upons to throw granny over the cliff. they don't care about kids with down's syndrome. the lie
number 1, the president's plan to cut the deficit by $4 trillion, that he would return america to tax rates under clinton that the obama medicare says romney's medicare plan would cost $6 million. you can see the whole list here >> sean: you say none of this is true? >> what is amazing, first of all, know only did he do a lousy job in the debate, they threw upon the miserable experience for them, a whole mountain of lies on the american people. they woke up the next day and said,...
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we have a trillion deficit. why are we reducing tax rates at all. let's use it to our deficit reduction rather than lowering rates at the top. >> you know this as i did. when biden kept talking about raising taxes for people making a million or more as opposed to $250,000. >> that's a chuck schumer idea as well coming from new york. >> but all this should tell us is that before people go to the voting boothss, they're not going to know the answers to these questions. everyone would like to know the answers to these questions, but you have professional groups disagreeing about the economic impact of these things. so we don't really know. >> we have more clarity on the spending side where romney has said he wants to limit federal spending which would mean significant reductions in what the federal government does on a whole variety of fronts. even romney has said $500 billion a year in cuts by 2016. so that is a major difference that's out there. >> that's easier said than done as we know from covering congress for many years. >> and big bird is obvio
we have a trillion deficit. why are we reducing tax rates at all. let's use it to our deficit reduction rather than lowering rates at the top. >> you know this as i did. when biden kept talking about raising taxes for people making a million or more as opposed to $250,000. >> that's a chuck schumer idea as well coming from new york. >> but all this should tell us is that before people go to the voting boothss, they're not going to know the answers to these questions. everyone...
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mitt romney had that deficit. looks like mitt romney has done himself some good in that debate to close that gap. i think you will see the first ladies out there and it is better for the first lady to talk about the "sesame street" line and big bird than the president. you saw that ad out yesterday that many people called absurd. you saw raerp romney have that editorial today and basically saying big bird versus a small president. i think they will step back from having a president talk about big bird and have the first lady do it instead. >> okay. hogan, let's jump ahead to tomorrow night. appreciate sewer truly on for vice president joe biden to deliver the debate in kentucky, same quote. team baerm needs a strong performance from biden to make up for last week and change the subject. another bad outing by a member of the ticket and democratic hand wringing could turn into full-fledged panic. is the shoe on the other foot now with president obama being the underdog, team romney, was panicking? certainly before l
mitt romney had that deficit. looks like mitt romney has done himself some good in that debate to close that gap. i think you will see the first ladies out there and it is better for the first lady to talk about the "sesame street" line and big bird than the president. you saw that ad out yesterday that many people called absurd. you saw raerp romney have that editorial today and basically saying big bird versus a small president. i think they will step back from having a president...
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-- new deficit neutral. no cost to the deficit and cutting $5 trillion mainly for the wealthy. let's watch. >> with regards to that tax cut, look, i'm not looking to cut massive taxes and to reduce the revenues going to the government. my number one principle is there will be no tax cut that adds to the deficit. i want to underline that. no tax cut that adds to the deficit. >> paul ryan just days before the debate last week directly contradicted romney. ryan said lowering the tax rates was more important than anything else, including getting rid of those deductions to pay for them supposedly. let's watch. >> what's most important to romney, would he scale back on the 20% tax cut for the wealthy? would he scale back and say, okay, we're going to have to raise taxes for the middle class? i guess the question is what's most important to him in his tax reform plan -- >> keeping tax rates down. by lowering tax rates, people keep more of the next dollar they earn. >> that's more important -- >> that's more importa
-- new deficit neutral. no cost to the deficit and cutting $5 trillion mainly for the wealthy. let's watch. >> with regards to that tax cut, look, i'm not looking to cut massive taxes and to reduce the revenues going to the government. my number one principle is there will be no tax cut that adds to the deficit. i want to underline that. no tax cut that adds to the deficit. >> paul ryan just days before the debate last week directly contradicted romney. ryan said lowering the tax...
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we have a $1 trillion deficit! >> holding steady. >> bill: said a -- >> we had a surplus under clinton. >> bill: no, no, no, no. the debt wasn't xed out. you're mixing up the deficit with the debt. no, no, no, you're missing the deficit with the debt is yearly spending. the debt is cumulative. the debt wasn't wiped out. >> 1.7 trail in bush tax cuts, yes? that was -- >> bill: i'm not gog defend bush or the republican party. i'm going to tell you one thing, the highest tax revenues in the history of this nation occurred in 2007. the government got more money from we, the people, than any other time in history under the bush tax, the rich tax cuts. >> bill: after an hour at the podium, the two moved to more comfortable quarters. >> how is it that two personalities such as yourselves who are almost polar opposites politically, share a willingness to come together when congress can't? what advice would you give congress? [ applause ] [ laughter ] >> bill: what would you like for christmas, little boy? [ laughter ] get
we have a $1 trillion deficit! >> holding steady. >> bill: said a -- >> we had a surplus under clinton. >> bill: no, no, no, no. the debt wasn't xed out. you're mixing up the deficit with the debt. no, no, no, you're missing the deficit with the debt is yearly spending. the debt is cumulative. the debt wasn't wiped out. >> 1.7 trail in bush tax cuts, yes? that was -- >> bill: i'm not gog defend bush or the republican party. i'm going to tell you one thing,...
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but also revenue for folks who are doing very well to help reduce the deficit. because if you don't have one penny more from very wealthy people it means you sock it to everybody else. seniors on medicare pay more. less investment in our kids' education. and that's exactly the romney/ryan budget does. itzhaks it to the middle class and seniors, in order to give these tax breaks to very wealthy people. >> what do you think of the job martha raddatz did? >> i think she did a very good job. never made herself the center of the debate. >> she started off very strong with benghazi. want to play a little bit about what the vice president said about security in benghazi. >> well, we weren't told we want more security. we did not know they wanted more security. >> explain that to me. a lot of the testimony was, in fact, the, the, the government did know. that, that, that the state department was well aware that there were requests for security. doesn't that completely contradict exactly what we just saw in i think it was wednesday's testimony? >> what the vice president
but also revenue for folks who are doing very well to help reduce the deficit. because if you don't have one penny more from very wealthy people it means you sock it to everybody else. seniors on medicare pay more. less investment in our kids' education. and that's exactly the romney/ryan budget does. itzhaks it to the middle class and seniors, in order to give these tax breaks to very wealthy people. >> what do you think of the job martha raddatz did? >> i think she did a very good...
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because according to experts, he'd have to raise taxes on the middle class - or increase the deficit to pay for it. if we can't trust him here... how could we ever trust him here? yeah, i'm looking to save, but i'm not sure which policy is right for me. you should try our coverage checker. it helps you see if you have too much coverage or not enough, making it easier to get what you need. [ beeping ] these are great! [ beeping ] how are you, um, how are you doing? i'm going to keep looking over here. probably a good idea. ken: what's a good idea? nothing. with coverage checker, it's easy to find your perfect policy. visit progressive.com today. ♪ (train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. . >> all right. y for joe biden and paul ryan, the goals of last night's debate were pretty clear. sure of support among the base and help people pick a side. they were talking to people like my next guest who have been checking in throughout the campaign here. they're part of the middle class talk back, mara bigner is a
because according to experts, he'd have to raise taxes on the middle class - or increase the deficit to pay for it. if we can't trust him here... how could we ever trust him here? yeah, i'm looking to save, but i'm not sure which policy is right for me. you should try our coverage checker. it helps you see if you have too much coverage or not enough, making it easier to get what you need. [ beeping ] these are great! [ beeping ] how are you, um, how are you doing? i'm going to keep looking over...
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because according to experts, he'd have to raise taxes on the middle class - or increase the deficit to pay for it. if we can't trust him here... how could we ever trust him here? ♪ ♪ hi dad. many years from now, when the subaru is theirs... hey. you missed a spot. ...i'll look back on this day and laugh. love. it's what makes a subaru, a subaru. by the armful? by the barrelful? the carful? how about...by the bowlful? campbell's soups give you nutrition, energy, and can help you keep a healthy weight. campbell's. it's amazing what soup can do. >>> today is national coming out day, and we want to talk to a man who came out but only as an experiment. because he's actually straight. his name is tim cureic. wrote about his experience in a book called "the cross in the closet" joining me from seattle. thank you so much for joining us. may i call you tim? >> yeah. that's great, don. >> so you are a christian conservative. what motivated you to explore life as a gay man? why did you do this? >> i had a friend come out of the closet and she was pretty brutally disowned by her family. and
because according to experts, he'd have to raise taxes on the middle class - or increase the deficit to pay for it. if we can't trust him here... how could we ever trust him here? ♪ ♪ hi dad. many years from now, when the subaru is theirs... hey. you missed a spot. ...i'll look back on this day and laugh. love. it's what makes a subaru, a subaru. by the armful? by the barrelful? the carful? how about...by the bowlful? campbell's soups give you nutrition, energy, and can help you keep a...
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Oct 10, 2012
10/12
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MSNBCW
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so mitt romney will cut the deficit by doing something that will add to the deficit. the other thing he brought up, pbs. the only specific that mitt romney gave in terms of how he will cut the deficit. the only detail he provided was that he would eliminate 1/100th of 1% of the budget. there have been lots of attempts to put the number in sper perspective. here's more. >> the federal share of the corporation for public broadcasting is about $450 million this year. that $450 million is about what the pentagon spends every six hours. >> six hours. to be clear, mr. romney and mr. ryan's idea for the deficit to save the country from fiscal disaster and pay for the stuff they want to do that's really expensive, their plan is to eliminate six hour's worth of defense spending. one-fourth of one day's worth of defense spending. at the same time, to make overall defense spending go like this. because, you know, they are the numbers guys. math. want your best rest ever? then don't miss sleep train's best rest event. you'll find sleep train's very best mattresses at the guarante
so mitt romney will cut the deficit by doing something that will add to the deficit. the other thing he brought up, pbs. the only specific that mitt romney gave in terms of how he will cut the deficit. the only detail he provided was that he would eliminate 1/100th of 1% of the budget. there have been lots of attempts to put the number in sper perspective. here's more. >> the federal share of the corporation for public broadcasting is about $450 million this year. that $450 million is...
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Oct 13, 2012
10/12
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CNNW
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finally let's take a look at the deficit. romney is planning to cut a lot more than funding to big bird and pbs. his plans include repealing obama care, reducing foreign aide and privatizing amtrak. you may notny that's that big of a deal. i use it all the time. romney says privatizing it will save $1.3 billion. the budget is made up a lot of small things. however he does it, his goal is to reduce government spending to 20% of gdp. gdp is the biggest measure of everything we produce in society. he wants to do that by the end 6 his first term. right now government spending is at 25% of gdp. let's shed some more light on what romney's america would look like. kevin hassette is an economic adviser for mitt romney. stevon moore is an editorial writer for "the wall street journal." my good friend christine romans is the host of "your botto line" right here on cnn. folks, no party or ideological spin today, no using the name obama or the term democrat. pain the me a picture of what the world looks like under romney four years from
finally let's take a look at the deficit. romney is planning to cut a lot more than funding to big bird and pbs. his plans include repealing obama care, reducing foreign aide and privatizing amtrak. you may notny that's that big of a deal. i use it all the time. romney says privatizing it will save $1.3 billion. the budget is made up a lot of small things. however he does it, his goal is to reduce government spending to 20% of gdp. gdp is the biggest measure of everything we produce in society....
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Oct 14, 2012
10/12
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WRC
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he said that by the end of his first term, he could cut the deficit in half, and yet he still -- >> everybody is loving it here. weekend update also made fun of vice president bideen's energy levels at the debate. seth meyers said that paul ryan prepared by studying policy, and vice president biden drank a lot of red bull. >> i this that was all natural. >> that will wrap it up for today, we'll be back in 25 minutes with another local news update.
he said that by the end of his first term, he could cut the deficit in half, and yet he still -- >> everybody is loving it here. weekend update also made fun of vice president bideen's energy levels at the debate. seth meyers said that paul ryan prepared by studying policy, and vice president biden drank a lot of red bull. >> i this that was all natural. >> that will wrap it up for today, we'll be back in 25 minutes with another local news update.
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Oct 13, 2012
10/12
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CNNW
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deficit totals $1.4 trillion. it exceeded the $4 trillion mark. >>> jack kennedy and paul ryan, perfect together? some things about them that are similar. both young, energetic, vibrant. paul ryan things they have something in common, joe biden not so sure. the republican candidate invoked a camelot era comparison. this time, the issue taxes. >> you can cut tax rates by 20% and preserve important preferences for middle class taxpayers. >> not mathematically possible. >> it's been done before. >> it's never been done before. >> a couple of times. >> never been done before. >> ronald reagan. >> now you're jack kennedy. >> ronald reagan. >> twitter was atwitter about that. that comment got a noticeable reaction from the group of undecided voters i watched during the debate last night. see it blown up there in the bottom of the screen. here is the problem, both kennedy and reagan working in a different time and place. to start, when both kennedy and reagan took office, individual tax rates not even in the ballpark of
deficit totals $1.4 trillion. it exceeded the $4 trillion mark. >>> jack kennedy and paul ryan, perfect together? some things about them that are similar. both young, energetic, vibrant. paul ryan things they have something in common, joe biden not so sure. the republican candidate invoked a camelot era comparison. this time, the issue taxes. >> you can cut tax rates by 20% and preserve important preferences for middle class taxpayers. >> not mathematically possible....
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Oct 11, 2012
10/12
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CURRENT
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you wouldn't add to the deficit. let's go through how you would do that. >> romney ryan campaign we're very excited about all the details of our new tax plan. it's thick with arithmetic, math, and the sorts of things we haven't had time to walk the american people through. so let's do that right now and just take a hard look at these numbers. [ screaming ] >> what i want to do is make it simpler, fairer. i want to encourage the economy to grow again. >> so you're repealing obama-care but keeping the good parts of healthcare, social security and medicare for seniors and you're going to build more submarines and destroyers than the pentagon wants, i want to ask you a question. are you a wizard. >> i'm not going to layout a piece of legislation here. >> we can't wait to walk you through all the details math point by math point. there are some tricky--sasquatch tricky--sasquatch. sasquatch, you come here! you come here, no, no, yeti. >> hi there, it's a trolley. it's on the way to the neighborhood of make believe. that's
you wouldn't add to the deficit. let's go through how you would do that. >> romney ryan campaign we're very excited about all the details of our new tax plan. it's thick with arithmetic, math, and the sorts of things we haven't had time to walk the american people through. so let's do that right now and just take a hard look at these numbers. [ screaming ] >> what i want to do is make it simpler, fairer. i want to encourage the economy to grow again. >> so you're repealing...
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Oct 8, 2012
10/12
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KCSM
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he proposes tax deductions in real-estate to reduce the deficits. what this means is, over time, $45 billion over the next decade. >> we are running short on time. the dough and paul debate. >> this is a deadly earnest. how they can justify raising taxes on the middle-class, who have been buried the last four years. how, in lord's name, can they justify raising their taxes? >> vice-president biden just today said that the middle-class over the last of we were years has been ". ." we agree. that means we need to stop digging by electing mitt romney the next president of the united states. >> what did you think, jonathan? >> you talk to a lot of folks in the romney campaign and they say joe biden is the gift that keeps on giving. you saw him pause when he said four years. i think he meant to say the last 10 years, and it came out wrong. this is fodder for the obama campaign. it will not change, i do not think, in a huge way, the course of events, but there is no question the obama campaign folks, every time biden is out there, they are nervous about w
he proposes tax deductions in real-estate to reduce the deficits. what this means is, over time, $45 billion over the next decade. >> we are running short on time. the dough and paul debate. >> this is a deadly earnest. how they can justify raising taxes on the middle-class, who have been buried the last four years. how, in lord's name, can they justify raising their taxes? >> vice-president biden just today said that the middle-class over the last of we were years has been...
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Oct 14, 2012
10/12
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WRC
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he should be angry these people have the gall to talk to him about the deficit, the gall to talk to him about foreign policy. chris: one more time, before you get back to this, it seems to me biden did a couple of things on thursday night this week. one, he opened up this abortion debate. maybe it was a good question by martha raddatz. maybe it was too broad, but they narrowed it in a second. they both gave elm passioned arguments. but the one by ryan said if i get a shot i'm going to outlaw abortion, i'm going to ban it, and biden said now we live in a society where we're telling everybody else how to live by law. does he charge at romney, who's been dodge-balling this issue for weeks now? >> sure. abortion is one of those issues where it's harder to make us sort of tack to the center. you're on one side or you're on the other side. to some extent one of the things i noticed is that no social issues came up at all and it worked to romney's advantage, because he was able to make this rhetorical shift and moderate a lot of his -- chris: single women going to him in those days afterwards.
he should be angry these people have the gall to talk to him about the deficit, the gall to talk to him about foreign policy. chris: one more time, before you get back to this, it seems to me biden did a couple of things on thursday night this week. one, he opened up this abortion debate. maybe it was a good question by martha raddatz. maybe it was too broad, but they narrowed it in a second. they both gave elm passioned arguments. but the one by ryan said if i get a shot i'm going to outlaw...
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Oct 10, 2012
10/12
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FOXNEWS
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you expose how detached the president is, as it relates to the budget dole and the deficit. he has a lack of relationships. you're best known for watergate. here we have a situation in benghazi, a known hot bed for terrorist training, an ambassador writing in his diary that he felt his life was in jeopardy. he requested additional security and it was denied. the libyan president said it was a terror attack from the very beginning. the white house went out there with this line that this was spontaneous with mortars and rocket-propelled grenades. it had nothing to do with america and the anniversary of 9/11. it was all based on a movie trailer. all of this story is unraveling. i would think, as a reporter, i am not a reporter, you are known to be a great reporter. this would be a gold mine. why are your colleagues in the media ignoring it? >> well, actually, some very strong stories have been done -- in the washington post -- they have. there is more to be done. clearly there is a disconnect -- i just want to correct one thing about what i say in the book about obama. i don't
you expose how detached the president is, as it relates to the budget dole and the deficit. he has a lack of relationships. you're best known for watergate. here we have a situation in benghazi, a known hot bed for terrorist training, an ambassador writing in his diary that he felt his life was in jeopardy. he requested additional security and it was denied. the libyan president said it was a terror attack from the very beginning. the white house went out there with this line that this was...